Swiss National Bank raised its holdings in shares of Nordson Corporation (NASDAQ:NDSN – Free Report) by 6.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 155,700 shares of the industrial products company’s stock after buying an additional 9,400 shares during the period. Swiss National Bank’s holdings in Nordson were worth $41,426,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA increased its holdings in shares of Nordson by 70.8% in the fourth quarter. Private Trust Co. NA now owns 123 shares of the industrial products company’s stock valued at $30,000 after buying an additional 51 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Nordson during the 2nd quarter worth $31,000. MUFG Securities EMEA plc acquired a new position in shares of Nordson in the 2nd quarter worth $34,000. Hantz Financial Services Inc. raised its position in shares of Nordson by 43.4% during the fourth quarter. Hantz Financial Services Inc. now owns 152 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 46 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Nordson during the fourth quarter worth $40,000. Institutional investors and hedge funds own 72.11% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Oppenheimer increased their price target on Nordson from $325.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Wall Street Zen lowered shares of Nordson from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Weiss Ratings upgraded shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, June 29th. BNP Paribas Exane lifted their target price on shares of Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Finally, DA Davidson boosted their price target on shares of Nordson from $335.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $311.29.
Nordson Stock Performance
Shares of NDSN stock opened at $291.59 on Thursday. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 1.93 and a beta of 0.96. Nordson Corporation has a 1-year low of $207.08 and a 1-year high of $307.74. The company has a current ratio of 2.60, a quick ratio of 1.65 and a debt-to-equity ratio of 0.58. The stock’s fifty day simple moving average is $288.67 and its 200-day simple moving average is $280.71.
Nordson (NASDAQ:NDSN – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a return on equity of 20.08% and a net margin of 18.19%.The firm had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. During the same period in the prior year, the business earned $2.42 EPS. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, sell-side analysts predict that Nordson Corporation will post 11.59 earnings per share for the current fiscal year.
Nordson Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Thursday, June 18th were given a $0.82 dividend. This represents a $3.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, June 18th. Nordson’s dividend payout ratio is 34.97%.
Nordson Company Profile
Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.
Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.
Further Reading
- Five stocks we like better than Nordson
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding NDSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nordson Corporation (NASDAQ:NDSN – Free Report).
Receive News & Ratings for Nordson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordson and related companies with MarketBeat.com's FREE daily email newsletter.
